TMX

U.S. Tax Manager

New York Full time

Venture outside the ordinary - TMX Careers

The TMX group of companies includes leading global exchanges such as the Toronto Stock Exchange, Montreal Exchange, and numerous innovative organizations enhancing capital markets.  United as a global team, we’re connecting cross-functionally, traversing industries and geographies, moving opportunity into action, advancing global economic growth, and propelling progress. Through a rich exchange of ideas, meaningful collaboration, and a nimble operating model, we're powering some of the nation's most critical systems, fueling capital formation and innovation, bringing increased opportunity to business visionaries, product ingenuity to consumers, and career exploration to our team.

Ready to be part of the action?

Reporting to the Managing Director, U.S. Region, this individual is a key asset who oversees the day-to-day operations of the U.S. Tax function. They are responsible for all aspects of US federal, state, and local tax compliance, planning, strategy, and reporting.. Through their tax expertise, they serve as an internal consultant to the business partners within the organization.

Department Overview: The Finance and Administration team provides corporate center of excellence services in the disciplines around accounting, financial reporting, financial planning and analysis, tax and treasury, transaction services, corporate development, investor relations and enterprise sustainability, and administration services for the organization. 

The Tax team is responsible for all of TMX’s tax compliance, provisions, as well as planning and reporting for TMX and its subsidiaries. The team also contributes to efficiently managing the cash related activities behind the scenes to enable day-to-day operations of our business. Through functional tax management, the team allows for informed business decision making and strategic planning all the while ensuring quality governance, risk management, and transparency to stakeholders.


Reporting to the Managing Director, U.S. Region, this individual is a key asset who oversees the day-to-day operations of the U.S. Tax function. They are responsible for all aspects of US federal, state, and local tax compliance, planning, strategy, and reporting.. Through their tax expertise, they serve as an internal consultant to the business partners within the organization.  

Key Responsibilities:
 

  • Key tax point of contact for all U.S. operations, partnering with cross-functional teams across the organization to ensure informed business decisions

  • Responsible for the tax reporting and tax compliance function for all U.S. entities, including corporate income tax,  sales & use state and local tax filings, estimated tax payments, and extensions. 

  • Assist with foreign affiliate reporting and related tax computations (e.g. E&P calculations)

  • Manage the quarterly and annual tax provision process for all U.S. entities in accordance with ASC 740 (accounting for Income taxes), including the calculation of current and deferred taxes effective tax rate, and FIN 48 (uncertain tax provisions) analysis.

  • Regularly maintain the state and local income tax and sales & use tax nexus and taxability studies for the group

  • Develop, evaluate, and implement tax planning strategies to optimize the company’s tax position and minimize tax liabilities within legal and regulatory framework

  • Actively research and monitor federal, state, and local tax developments in the U.S.

  • Ensure that all U.S. entities are in compliance with transfer pricing requirements, including review of reports, preparation of information, liaising both internally and with external consultants where engaged and/or necessary

  • Advise on  tax planning on any new U.S. business ventures, acquisitions, dispositions, and restructuring initiatives

  • Prepare U.S. W8/W9 forms as required and liaise with external advisors to determine FATCA status where necessary

  • Prepare cash tax forecasting schedules for U.S. entities, including the preparation of U.S. federal and state / local tax estimates for quarterly installments and final payments

  • Advise on inbound and outbound U.S. financing activities

  • Coordinate and manage all federal and state tax audits, inquiries, and notices, preparing and providing necessary documentation and analysis.

  • Assist with the statutory and regulatory financial audits, including compilation of footnotes and supporting audit schedules.

Qualifications:

  • Has CPA Designation or Master in Taxation

  • Minimum six years working in tax; public accounting firm or multinational corporation experience preferred

  • Knowledge of U.S. GAAP and IFRS

  • Excellent technical expertise in tax compliance, provision work or advisory services. 

  • Excellent attention to detail and highly accurate

  • Proficient in Google Suite, Microsoft Office (Excel, Word, Powerpoint)

  • Strong work ethic and highly motivated team player

  • Flexible nature, ability to multi-task in an efficient, organized manner

  • Excellent communication, interpersonal and collaboration skills

This role is hybrid (2-3 days in the office/week) - based in New York City, NY.

Salary Range: $125,000 - $140,000/yr USD

Please note that the Salary Range included is a guideline only. The salary offered may vary based on factors, including, but not limited to, the successful candidate’s relevant knowledge, skills, and experience.

TMX is committed to creating and sustaining a collegial work environment in which all individuals are treated with dignity and respect and one which reflects the diversity of the community in which we operate. We provide accommodations for applicants and employees who require it.

 

In the market for…

Excitement - Explore emerging technology and innovation, as well as ventures and digital finance that shape the future of global markets! Experience the movement of the market while grounded in the stability of close to 200 years of success.

Connection - With site hubs in some of the world’s most multicultural cities, we leverage our size and structure to create rich connections and belonging while experiencing powerful global impact through our work.

Impact - More than a platform, we use our talents to power mission-critical systems that drive global economic advancement, innovation, and growth. As well, our employee-led Team Impact spreads social good via our giving strategy.

Wellness - From empathetic leadership to a culture of flexibility and balance, we believe wellness at work creates the maximum yield and a stronger “we”. Plus, with a cloud-first and hybrid workstyle, as well as generous time-off and leaves, we support a life well lived! 

Growth - From a growth mindset in our work, to expansion in our business, TMX is home to action-takers energized by the achievement of ambitious growth.

Ready to enrich your career with impactful work, leaders who truly care, and the flexibility and programs to help you thrive as part of #TeamTMX ? Apply now.

Please note that our company is not currently sponsoring work permit applications and the applicant must be authorized to work in the country where this position is located. 

TMX is committed to creating and sustaining a collegial work environment in which all individuals are treated with dignity and respect and one which reflects the diversity of the community in which we operate. We provide accommodations for applicants and employees who require it.